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Telford's Instaloft announce over £22 million revenue for 2023

By Shropshire Live Business11 December 2023
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Telford's Instaloft announce over £22 million revenue for 2023

Telford-based Instaloft, is celebrating a milestone year with an estimated group turnover, with sister companies Instaspark and Garageflex, of £22.5 Million – a 57.34% increase in group revenue on 2022 – along with a host of new company-wide appointments.

The company, which has grown from a one-man-band operating from founder Rob Stone’s semi-detached house to the largest in the UK, has racked up over 40,000 loft boarding installations since its inception, and is poising itself to turn over £30 Million in the next three years.

Central to the firm’s ambitious growth plans is the appointment of Managing Director, Neil Stothert, whose previous experience will be pivotal in driving the Instaloft group towards its £30 Million target. Further boosting its Board, the group has also appointed new Operations Director, Steve Caves, with a new Finance Director set to join the firm in January 2024.

The organisation has also hired Group Marketing Manager, Poppy Mackay, whose extensive expertise across diverse B2C and B2B sectors is already driving growth through diversifying marketing across the entire Instaloft group. The firm, which has received hundreds of positive customer reviews, is further cementing its five-star customer experience with the appointment of Joann Carr as Customer Experience Manager, working to deliver a world-class customer service through further streamlining the company’s internal processes.

Along with the slew of new appointments, CEO and Founder, Rob Stone, is continuing his close work with Instaloft’s sister companies, Instaspark and GarageFlex as the business continues to scale. Recent investments into both customer and staff safety have seen the firm become trailblazers in setting new standards for asbestos surveying in loft boarding, having worked closely with the Health and Safety Executive over the last 18 months to build a process that has now become the benchmark for loft boarding companies nationwide, leading the way forward for the sector.

Speaking on Instaloft’s incredible success this year, Telford entrepreneur, Rob Stone, said: “I’m beyond delighted with what we’ve achieved this year across the entire Instaloft group, which has seen us grow both the business and our team. I’m pleased to welcome so many talented new people into the business, whose skills and experience are already driving us forward into our next phase of growth for 2024.

“This year has been one of our most successful to date. We’ve continued to expand and diversify our services, grow our sister companies, and continue to innovate within our sector, cementing ourselves as the leader in our field. I’m immensely proud of what we’ve achieved this year, and can’t wait to take on bigger and better things in 2024!”

The Instaloft Group recently celebrated a win at the Growing Business Awards, where Rob was named Entrepreneur of the Year in the Large Company category. This follows a slew of prestigious award wins and nominations for the company this year.

Headquartered in Telford with a total of 11 depots nationwide including Exeter, Newport, Reading, Colchester, Peterborough, Yorkshire and Nottingham, Instaloft plans to kick off the New Year with a further 3 depots, beginning with Norwich in January.

  • Instaloft
  • Telford Business News
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